Business, 25.02.2020 06:09 maddie0533
The finance department is evaluating two accounts receivable transaction processing systems. System A provides for batch processing twice weekly System B provides online real-time processing. Which of the following requirements is most important in determining whether to adopt system A or system B?
a) Need for controls that validate transactions
b) Accuracy of weekly accounts receivable aging report.
c) Need to immediately answer customers' questions regarding account balances.
d) Accuracy of monthly general ledger balance.
Answers: 1
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The finance department is evaluating two accounts receivable transaction processing systems. System...
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